Construct · 1 fields · 1 citations

implicit discount rate: a standalone construct

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Environmental economics

the very high discount rate implied by consumers' appliance choices when they pass up efficient models that would save money over time.

In environmental economics, implicit discount rate refers to the very high discount rate implied by consumers' appliance choices when they pass up efficient models that would save money over time. This meaning comes from Hausman (1979) in The Bell Journal of Economics.[1]

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Nearby constructs

discount3 fields · 4 citationsjingle · one word, three constructs save1 fields · 1 citationsanchor · a standalone construct

References

Hausman, J. A. (1979). Individual Discount Rates and the Purchase and Utilization of Energy-Using Durables. The Bell Journal of Economics, 10(1), 33. https://doi.org/10.2307/3003318

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